Unlocking opportunities through better public finance management
Accurately measuring how public funds are spent and the results they achieve is critical in facilitating effective public spending.
OMFIF’s ‘Blockchain for public finance management’ series, developed in collaboration with EY, presents a comprehensive report distilling the insights gathered over a year of public and private conversations. Join us for a discussion of the project’s key findings and the next steps in the effort to improve public budgeting, making it more transparent, efficient and effective in delivering positive social outcomes.
Mark MacDonald, EY’s global lead for public finance management and Joachim Schwerin, principal economist for digital transformation of industry, DG GROW of the European Commission, joins OMFIF to examine how new technologies have the potential to improve public finance management. He will explore how stakeholders can obtain better oversight about how public money is used and how budgetary authorities can connect the funds they disburse with their use and their impact.
Speakers
Mark MacDonald
Global Public Finance Management Leader
EY
Mark MacDonald
Global Public Finance Management Leader
EY
Mark is an advocate for the pursuit of a new vision of government fiscal policy, focused on a framework of public value that extends traditional components of public financial management. Through his day job as EY’s Global Leader, Public Money, he works with public and private sector leaders who similarly advocate that the future of public money must be different than its past. This exists at the convergence of fiscal requirement, technology advancement, market capability, and a sense that political economy is seeking new permission for lasting change.
Mark is a member of OMFIF’s Advisory Council and has worked on a series of research and advocacy pieces over the past several years, including work focused on application of innovative technology to public budgeting, continued pursuit of sustainable finance and the role of sovereign wealth and public equity, and our current focus on the Future of Public Money. Mark is the global sponsor and leader of EY’s blockchain-enabled solutions developed to enhance delivery of public value, with particularly powerful application in the development sphere working with global entities including the United Nations, the IMF, and the World Bank. He holds a Ph.D. in Public Policy, has 25 years professional experience advising public sector leaders, and maintains a positive belief that the pursuit of public value through markets and public institutions is a noble one.”
Joachim Schwerin
Principal Economist
DG GROW, European Commission
Joachim Schwerin
Principal Economist
DG GROW, European Commission
Joachim Schwerin is principal economist in the digital transformation of industry unit within the directorate-general internal market, industry, entrepreneurship and small- and medium-sized enterprises of the European Commission. He also coordinates initiatives to foster the development of digital skills for the European industrial ecosystems. Schwerin contributed to the digital finance strategy, including the MiCA regulation, in 2020.
Timings
15:00-16:00 (London)
10:00-11:00 (New York)
23:00-00:00 (Singapore)
In collaboration with
